Energy Security of Ukraine in the Oil Refining Sphere

Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 4

Abstract

The article presents methodical positions for evaluating the energy security of Ukraine in the oil refining sphere, which are based on the indicative, taxonomic analyses as well as parametric identification, which provide an ordering of risk factors and sustainability factors in production and consumption of motor fuels. To the local energy security indicators in the oil refining sphere are referred: the share of oil and the gas condensate in the structure of primary energy supply, the share of oil products in the structure of final energy consumption; indicators of energy dependence on imports of oil, oil products and motor fuels; proportion of the production and consumption of oil and gas condensate; the rate of growth of production and consumption of motor fuel; the loading level of production capacities in the oil refining; light oil products yield; the Herfindahl-Hirschman index for production and imports of motor fuel. The research on the energy security of Ukraine in the oil refining sphere conducted in 2007-2013 has provided a conclusion about its pre-crisis level up to the plummeting into crisis state because of fundamental changes in the resource cycle of motor fuel. As main risks was recognized the lack of sufficient stocks of the Ukrainian oil, non-competitiveness of the enterprises in this industry branch as for both the technological level of production and the quality of products, low diversification of production and import of the oil products.

Authors and Affiliations

Tetiana Salashenko, Galina Fedenko

Keywords

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  • EP ID EP100414
  • DOI -
  • Views 93
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How To Cite

Tetiana Salashenko, Galina Fedenko (2014). Energy Security of Ukraine in the Oil Refining Sphere. Проблеми економіки, 2014(4), 141-152. https://europub.co.uk/articles/-A-100414